Indian Staffing Federation Announces New Leadership
Commenting on his election as the President of Indian Staffing Federation, Lohit Bhatia, said, “The current positive regulatory environment has accelerated India’s shift from an informal to formal economy."
Indian Staffing Federation (ISF), the apex body of India’s flexi staffing space, today announced its new leadership team for 2020-2022. Lohit Bhatia, President Workforce Management, Quess Corp and Farhan Azmi, CMD, Futurz Staffing Pvt. Ltd. have been elected as the President & Vice-president and will be taking over from the outgoing President Rituparna Chakraborty, Co-founder & EVP, Teamlease and outgoing Vice-president, R P Yadav, CMD, Genius Consultants. India is already the 5th largest market employing 3.3 million flexi staff in 2020, growing at 22.7% CAGR despite 0.6% ﬂexi stafﬁng penetration which is much behind the global average of 2.3%. The staffing industry provides a platform for recognized employment, work choice, compensation, annual benefits and health benefits for the temporary workforce that constitutes almost 70% of India’s total workforce.
The new leadership and the board members were elected by 100+ members of ISF. The 10 members elected to the board are - Bhavna Udernani, MD, Adhaan Solutions; Mehul Shah, MD, Collabera Technologies; Munish Kumar, CEO, Firstmeridian Group; Narayan Shukdeo Bhargava, Director, Calibehr Business Support Services; Paul Dupuis, CEO & MD, Randstad India; R P Yadav, Chairman & MD, Genius Consultants; Rituparna Chakraborty, Co-founder & EVP, Teamlease Services; Sameer Mehta, CEO & MD, Multiplier Brand Solutions; Pramod Pachisia, COO, 2Coms Consulting & Somnath Banerjee, Director, Orion Corporate Alliance.
Commenting on his election as the President of Indian Staffing Federation, Lohit Bhatia, said, “The current positive regulatory environment has accelerated India’s shift from an informal to formal economy. Catapulting the flexi-staffing space as a major driver of the Indian economy and key to solving the growing challenge of employment and employability. It is an honor to spearhead ISF at this juncture. I would like to profusely thank the outgoing team for the excellent foundation they have laid placing ISF at the forefront of this transformation. I look forward to closely working with the newly constituted board to ensure the momentum is sustained over the next 2 years.”
In her comments, Rituparna Chakraborty, said, “For 9 years have had the pleasure of helming ISF’s exponential growth into India’s apex body for the flexi staffing space with 100+ members who between them employ 1 million ﬂexi staff. Over the past decade, we have provided a stepping stone to a better and brighter career for over 9 million youth. And enabled an eco-system that actively supports the growth and expansion of corporate India through ﬂexibility, administrative efﬁciency, and ﬂawless compliance. Extend my full-fledged co-operation to the new team in their endeavor to take ISF to its next level of growth.”
Sharing his thoughts, Farhan Azmi, Vice-president, ISF, said, “We would focus on furthering the awareness of flexi staffing among the masses and stronger partnership with the government to ensure the industry has its support in regulatory/policy aspects to ensure its meteoric growth continues unabated in the years ahead.”
Added, R P Yadav, “The new team takes charge at a really exciting time in our industry’s evolution. All the parameters are set for the industry to be propelled into the next orbit and are sure the new team enjoys piloting ISF in this growth phase. Offer my unstinted support to the new team.”